Discussing the civilizatory crisis and processes of refeudalization this volume brings into dialogue two of the most creative approaches, in Olaf Kaltmeier and Edgardo Lander, to rethink capitalism in the 21st century.

In Part 1, Olaf Kaltmeier, takes issue with the state of social inequality in the region, highlighting the concentration of wealth within the upper 1% of society in Latin America. Comparing the current economic situation with the ancient regime, the discussion centers around the new phenomena like billionaires as president, increased luxury consumption, an emerging culture of distinction, and the intensification of land and spatial segregation. In Part 2, Lander urgently assesses the current state and political legacy of the "Pink Tide" governments in his essay "Crisis of Civilization." Reviewing the past two decades of the new millennium, Lander critiques the failure of these governments to provide alternatives to extractivism and economic dependencies. Finally, Hans-J